Analysts at Raymond James are out with a report this morning upgrading shares of Microsoft Corporation (MSFT) with a ‘Strong Buy’ from ‘Market Perform’ rating, noting they see Cloud value and view the software giant as a “hyperscale” vendor across PaaS, IaaS and SaaS.
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Analysts at Scotia Howard Weil upgraded their rating on the shares of Parsley Energy, Inc. (PE). In a research note published on Monday, the firm lifted the name with a ‘Focus Stock’ from ‘Sector Outperform’ rating and set a 12-month base case estimate of $25 from $22 per share.
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In a report published Monday, Ladenburg Thalmann analysts initiated coverage on MPLX LP (MPLX) with a ‘Buy’ rating.

On valuation measures, MPLX L.P. shares currently have a PEG and forward P/E ratio of 0.86 and 15.87, respectively. Price/sales for the same period is 5.76 while EPS is $1.84. Currently there are 6 analysts that rate MPLX a ‘Buy’, 4 rate it a ‘Hold’. No analyst rates it a ‘Sell’. MPLX has a median Wall Street price target of $56 with a high target of $85.
—Can-Fite BioPharma Ltd. (CANF) was reiterated a ‘Buy’ by H.C. Wainwright analysts on Monday. The broker also raised its price target on the stock to $6 from $4.
—Computer Programs & Systems Inc. (CPSI) was reiterated as ‘Hold’ with a $53 from $43 price target on Monday by Topeka Capital Markets. The PT increase follows the announcement that CPSI is acquiring its main competitor Healthland from Francisco Partners in a $250 million combination of cash and stock.
—Fitbit Inc. (FIT) — The maker of wearable fitness devices was upgraded to ‘Overweight’ from ‘Equal-weight’ at Barclays. The firm called the name’s 26% decline in the last 30 days unjustified and said the company has proven to have strong metrics despite competition concerns. Barclays maintained a $49 price target on the stock.